What is the ending inventory for Banwood using the absorption costing method? Banwood Company had the following information for 20X1: Selling price Variable production costs Variable selling and admin. Expenses Fixed production costs Fixed selling and admin. Expenses Units produced Units sold There were no beginning inventories. P1.50 per unit P40 per unit produced P16 per unit sold P200,000 P140,000 10,000 units 8.000 units